Well, Capital One is offering their “prime rate” card, where the interest rate is tied to the prime lending rate. Guess what? Banks and mortgage companies base their consumer lending rates on the prime rate too. Why is now a good time to finance a house? Because interest rates are about as low as they can get. So… the only direction the prime rate, and by extension all other lending rates, can go is up. Go ahead and get that prime rate card, sucker. Capital One is laughing. You care about the prime rate for your mortgage, and now you’ll care about it for your credit card too.